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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Anmol Singh Jaggi’s all-electric taxi startup has resorted to crowdfunding but the math doesn’t work. Separately, Triton EV is back with another MoU without much action; and Byju Raveendran’s PR smokescreen.
Last week, BluSmart, the Gurugram-based all-electric taxi startup, announced in a LinkedIn post the rollout of BluSmart Assure. Under the programme, it is asking people to invest in its EV fleet and, by extension, a cleaner mobility experience. It marked the moment with the investment by a software engineer in his 20s.
The pitch is this: You buy at least one Tata Tigor EV, which costs around Rs 13.4 lakh after subsidies, and lease it to BluSmart for a 48-month term. The company will deploy these vehicles for its taxi fleet and will pay the owner a monthly lease amount …
